Stock Market Today: Dow Futures Dip Following 33rd Record Close of 2024

Tuesday, 1 October 2024, 02:47

Stock Market trends reveal a dip in Dow futures after achieving a 33rd record close for 2024. Upcoming trading catalysts like earnings reports and key economic indicators provide significant insights for traders.
Marketwatch
Stock Market Today: Dow Futures Dip Following 33rd Record Close of 2024

Market Catalysts to Watch

Stock Market analysts point towards several potential catalysts influencing trading activities on Tuesday.

  • Paychex, McCormick & Co., Acuity Brands and United Natural Foods will present results before the market opens.

Scheduled Economic Releases

Key indicators are slated for release:

  1. 9:45 a.m. Eastern - S&P final U.S. manufacturing PMI for September.
  2. 10:00 a.m. - U.S. ISM manufacturing for September.
  3. 10:00 a.m. - U.S. construction spending for August.
  4. 10:00 a.m. - U.S. job openings (JOLTS) for August.

Federal Reserve Events

At 11:10 a.m., Federal Reserve Governor Lisa Cook speaks at the Federal Reserve technology conference. Later in the day, Nike and Lamb Weston will release earnings after market close.

Finally, at 6:15 p.m., a joint panel discussion featuring Richmond Fed President Tom Barkin, Atlanta Fed President Raphael Bostic, and Boston Fed President Susan Collins will focus on technology-enabled disruptions in the economy.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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